As you can see in the following chart that compares the bond yields…
…you can notice that Japanese bond yield always had an horizontal trend.
In some circumstances they tried to rise, but we never saw a lasting bullish trend reversal in 26 years.
You can deduce that any temporary yield rise was an opportunity to buy for this asset class.
We can expect the same dynamics for the bonds of the Occident with the development of the same investment opportunity. for this asset class
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